See Home Value
$550,000
Land - Off Market

404 W 55th 1/2 ST

Austin, TX 78751
bedrooms
Studio
bathrooms
0 Bath
$3,422
Estimated Monthly
$0
HOA / Fees

About This Property

Prime Opportunity in Coveted North Loop, Austin:

Discover the perfect canvas for your dream home at 404 West 55th 1/2 Street, nestled in the vibrant heart of North Loop, Austin. This cleared lot offers an unparalleled opportunity to create a bespoke residence just minutes away from downtown. With its desirable location and thoughtful preparation, this parcel is primed for visionary development.

Seamless Building Process:

Simplify your project with included build plans tailored for a 2416 square foot home, ensuring a streamlined construction process. The lot has been meticulously cleared, saving you valuable time and effort. Take advantage of this rare opportunity to bring your architectural vision to life in one of Austin's most sought-after neighborhoods.

Motivated Sellers Await:

Act now to secure your stake in this thriving real estate landscape. Motivated sellers eagerly anticipate partnering with you to make your vision a reality. Don't miss out on the chance to shape your future in North Loop, Austin's premier destination for bespoke living. Contact us today to seize this exceptional opportunity.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$721
HOA Dues
-
Year Built
1950
Last updated: 20 days ago (Unlock MLS #ACT1019041)

Price History

Date / Event Date Event Price
Apr 1, 2024 In contract -
In contract
Mar 18, 2024 Listed by Third Coast Properties $550,000
Listed by Third Coast Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,957
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 500
  • Total Building Area: 672
  • Gross Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHFIELD ANNEX NO 2
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 BLK 3 NORTHFIELD ANNEX NO 2

Ownership

  • Current Owner : ATW620 LLC
  • Previous Owner : FEI WU
  • Owner Before Previous Owner: MD CHATEAU LAHAINA LTD
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 001503

Geography

  • Assessors Map Reference: 0225090205
  • Account Number: 224908
  • Parcel: 224908
  • Block: 3
  • Lot: 8
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.3227
  • Longitude: -97.7234

    Address

  • Full Address: 404 W 55th 1/2 St
  • Address - House Number: 404
  • Street Direction: W
  • Address - Street Name: 55th 1/2
  • Address - Suffix Type: St
  • State: TX
  • City Name: Austin
  • Carrier Code: C011
  • 4-Digit Zip Code: 1131
  • Zip Code: 78751

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,329
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.254
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 64
  • Final Value: 487,788
  • High Value: 611,704
  • Low Value: 363,872

    Market Valuation

  • Market Total Value: $478,439
  • Market Land Value: $360,000
  • Market Improvement Value: $118,439

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $478,439
  • Assessed Land Value: $360,000
  • Assessed Improvements Value: $118,439

    Sales

  • Current Sale Contract Date: Aug 24, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Transaction ID: 11895376032
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 143973
  • Previous Sale Recording Date: Apr 13, 2022
  • Previous Sale Contract Date: Apr 08, 2022
  • Previous Sale Amount: $536,600
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: USAM I FUND LLC
  • Previous Mortgage Transaction Date: Apr 13, 2022
  • Previous Mortgage Loan Amount: $429,250
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Nov 01, 2022



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$609,000 Oct 31, 2023
- Nov 30, -0001
$946/mo
House
3 Beds
2 Baths
1,378 ft²
$377/ft²
$520,000 Nov 16, 2023
- Nov 30, -0001
-
House
2 Beds
2 Baths
1,094 ft²
$502/ft²
$549,000 Nov 3, 2023
- Nov 30, -0001
-
House
2 Beds
1 Bath
1,080 ft²
$509/ft²
$550,000 Feb 7, 2024
- Nov 30, -0001
-
House
3 Beds
2 Baths
1,412 ft²
$431/ft²
$609,000 Jul 15, 2023
- Nov 30, -0001
$946/mo
House
2 Beds
1 Bath
858 ft²
$641/ft²
$550,000 Jan 25, 2024
- Nov 30, -0001
$792/mo
Land
Loft
-
-
$599,000 Feb 8, 2024
-
$738/mo
Land
Loft
-
-
$599,000 Feb 8, 2024
-
$738/mo
Land
Loft
-
-
$599,000 Mar 24, 2024
-
$676/mo
Multifamily
Stu
-
1,265 ft²
$471/ft²
$596,000 Mar 27, 2024
-
$733/mo
House
2 Beds
2 Baths
1,094 ft²
$497/ft²
$544,000 Apr 14, 2023
-
-
House
2 Beds
1 Bath
720 ft²
$799/ft²
$575,000 Mar 14, 2024
-
$999/mo

About North Loop


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Frequently Asked Questions

When was property at 404 West 55th 1/2 Street built and last sold?
The property at 404 West 55th 1/2 Street was built in 1950 and last sold on Aug 24, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 404 West 55th 1/2 Street is $555,500.
What are some comparable homes to 404 West 55th 1/2 Street?
Homes that are comparable to 404 West 55th 1/2 Street include a land property at 717 East 50th Street, 715 East 50th Street, 300 Irma Drive.

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